ORIX JREIT Inc. (JP:8954) has released an update.
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ORIX JREIT Inc. has strategically improved its portfolio through asset replacement, focusing on income growth, profitability, and risk mitigation. The firm acquired new assets with a total price of 66.4 billion yen, which have a younger average building age and higher appraisal income yields compared to the disposed assets worth 32.5 billion yen. This move is aimed at enhancing the company’s property quality and securing assets with better rent growth potential.
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